Swiss bank, UBS, is reorganizing its foreign exchange team, Reuters reports. The reallocation of senior managers comes after Arie Adler, who was a global co-head of foreign exchange, stepped down from the role. As a part of reshuffle, George Athanasopoulos will replace Adler as co-head and will run the unit jointly with Chris Vogelgesang, who was already co-head with Adler. Athanasopoulos will also retain his previous role as global head of FX distribution.

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